Chinese not buying up all farms: MP

MP Alex Somlyay
MP Alex Somlyay

MISINFORMATION posing as fact on the internet was responsible for much community fear about the foreign purchase of Australian farms, Fairfax MP Alex Somlyay said yesterday.

He said there was a very real fear in some quarters that Australia was being taken over by Chinese, a position that could not be sustained by the facts.

"If something goes on the internet everyone believes it,'' Mr Somlyay said.

"People need to take with a grain of salt what is written in some emails and get the facts.''

A Lowy Institute survey has found that 46% of Australians believed that too much foreign investment happening in Australia.

When questioned about Chinese investment, 56% felt there was too much.

Statistical data, however, shows China only 13th in terms of investment dollars here in the past 12 months, well behind that from the UK, US and Japan.

The Coalition has called for community input into its policy discussion paper on foreign investment in agricultural land and agribusiness.

Topics:  alex somlyay, business, china, farming, investment



Local Real Estate

finda logo
Featured Real Estate
Step Inside - Surprise! $225,000
House 3 1 2
Original Radford... $175,000
House 2 1 1
Magnificent Homesite $129,500
Residential Land 0 0
Extended Family? Acreage... $425,000 neg
House 5 3 4

Featured Jobs

finda logo

Warwick jobs listed daily

Featured Jobs
GENERAL MANAGER ... Gladstone Full Time $120 - $150
SHORT ORDER COOK Warwick Casual
Senior Stockperson Clifton Full Time
Diocese Of Toowoomba... Toowoomba Full Time


Local Partners

LATEST DEALS AND OFFERS

Job Listings

Search for your next job now.
Learn More

Baby of the Year...

Baby Competition 2014
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Property Listings

Search for a property online right now.
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

View today's ePaper!

Read the digital edition
Learn More

Horoscopes

Virgo

Your dreams are vivid, and there may be some psychic experiences that will help you come to a conclusion over a problem. Trust your instincts.

read more

Marketplace

Special Offers & Promotions

Compare & Save